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Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Odisha

Odisha Records 25.13% Growth With Mop Up Of OGST & IGST Settlement During June 2023

OMMCOM NEWS by OMMCOM NEWS
July 1, 2023
in Odisha

Bhubaneswar: The State has collected OGST and IGST Settlement to the tune of Rs 1732.49 Cr during June ‘23 as against collection of Rs 1384.59 Cr during June ‘22 recording a growth of 25.13%, said an official press release.

The progressive collection to be retained by the State (OGST + IGST Settlement) till June 2023 stands at Rs 5661.97 Cr against a collection of Rs 4350.88 Cr till June 2022 recording a growth of 30.13%.

With regard to Gross GST collection (OGST+IGST+SGST+Cess), the State has recorded a collection of Rs 4379.97 Cr during June 2023 against the collection of Rs 3965.28 Cr over the corresponding period of June 2022 with a growth rate of 10.46%.

The progressive Gross GST collection up to June 2023 stands at Rs 13813.44 Cr against a collection of Rs 12831.26 Cr up to June 2022 recording a growth rate of 7.65%.

The collection under all Acts monitored by the Commissionerate of CT & GST, Odisha including GST/ VAT/ Entry Tax / Profession Tax is Rs 2865.01 Cr during the month of June 2023 as against collection of Rs 2516.81 Cr during June 2022 with a growth rate of 13.84%.

During June 2023, 18.79 Lakh of waybills have been generated vis-à-vis 15.33 Lakh of waybills generated during June 2022 recording a growth of 22.56% reflecting the buoyancy in the economic sector.

Tags: IGST
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